GCAM: 850 MDH to raise

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GCAM: 850 MDH to raise
GCAM: 850 MDH to raise

The Credit Agricole du Maroc Group (GCAM) has obtained, on 15/10/2018, a visa issued by the AMMC for the issue of a subordinated perpetual bond with a mechanism for absorbing losses and canceling the payment of coupons totaling 850 MDH.

Through this operation, whose subscription period will run from 22 to 24 October 2019, GCAM aims to support the financing and support of the rural world in its entirety, and more specifically the agriculture and food sector. agribusiness, as well as the strengthening of its current regulatory capital, and consequently the strengthening of its solvency ratio.



Source link
http://www.perspectivesmed.ma/gcam-850-mdh-a-lever/

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